Generally, when we have clients come in who are self-employed, we ask that they provide us with a profit and loss statement for their business. The bankruptcy court looks at the last six months before filing. I’ll generally ask clients just to put together a simple revenue versus expenses, profit and loss sheet, and that’s basically how we come up with the income
Filing for Bankruptcy During the Holidays: What You Need to Know
The holiday season is often a time for joy, celebration, and togetherness, but for those facing financial hardship, it can also bring stress and uncertainty. Struggling with debt during a time that’s meant for giving can feel overwhelming and emotionally draining. For...